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Supply Chain Management Degrees Abroad
In an increasingly globalized world, the ability to manage long and complex supply chains is a vital skill. As a supply chain management student you’ll learn all about the planning, sourcing, financing, manufacturing and logistics that are needed for a successful supply chain.
Effective supply chain management is essential to the performance of retailers and manufacturers, and your skills will be valued in a range of industries when you graduate. You’ll get the opportunity to use your knowledge on real-world examples, and many programs include the option of spending time in placement gaining hands-on experience.
You can study supply chain management all over the world. Managing supply chains often means dealing with multiple organizations and working with people across borders. By studying abroad you’ll get a better understanding of how other countries work which will stand you in good stead when you start your career.
Supply Chain Management Program Structure
It’s possible to study supply chain management at a range of degree levels including foundation, certificate, bachelor’s, and master’s levels.
One of the most popular options is to study a bachelor’s degree in supply chain management as a BA or BSc. There is very little difference between the two options, but a BSc program often includes more technical or math-based modules. Supply chain management is often taught with business management or logistics and can include a sandwich year spent working on placement.
If you already have a related bachelor’s degree, you can study a master’s in supply chain management. These are often designed for current professionals looking to increase their knowledge or achieve a management role.
Supply chain management programs will be taught through lectures and seminars, and many universities will arrange talks and workshops with industry professionals. Your progress will be assessed through things like essays, coursework and written exams, but this will vary for each module you study.
Exactly what modules and subjects you study will differ for each supply chain management program, but some of the common core modules include:
- Introduction to supply chain and logistics
- Procurement
- Managing performance in operations
- Accounting for business
- Facilities and systems
- Tools for supply chain planning
- International business Research skills
Best Countries To Study Supply Chain Management
You like to travel and you have been considering logistics careers as a possible vocation? Well, then we have some excellent news for you. You will find some of the most amazing opportunities the logistics industry has to offer when you start traveling abroad!
In this mornings blog post, we’re going to talk a bit about the top 9 countries that are hotbeds for those seeking a career in the logistics industry. The list was originally compiled by FM Global, a mutual insurance company that annually ranks countries based on their supply chain resilience and growth potential. Needless to say, we really trust the data these folks gather and publish.
And ending up on their list is no easy task. There are several criteria that must be met and maintained to move up the list, let alone, earning a spot on it in the first place. This criterion includes supply quality, the potential of cybersecurity threats, and productivity rates amongst other factors.
The Top 9 Countries For Supply Chain Resilience
FM Global, a mutual insurance firm, annually assesses 130 nations based on how resilient their supply chains are. With the help of its Global Resilience Index, business leaders can identify potential vulnerable clients, stable suppliers, and fresh investment opportunities. The corporation evaluates nations based on a wide range of variables, including productivity, the caliber of local suppliers, inherent cyber risk, rate of urbanization, and eight other elements that could endanger or improve its supply chain.
9. Qatar
Qatar offers many elements that earn it a place on the list of top 10 countries in terms of supply chain resilience. In addition to a high degree of security, the Middle Eastern country – the only one to make it to the list – is recognized for its efficient labor and goods markets as well as its macroeconomic stability.
The Middle-East may not seem to be an attractive place to start a logistics company. After all, the Western perception of the Middle-East is usually not the best.
However, the country of Qatar offers many enticing logistics opportunities. Commerce throughout the Middle-East runs through Qatar, and believe it or not, this thriving economic powerhouse has an incredibly high level of security at all levels. Combine the stability of Qatar with the resilience and open-minded philosophy of the Al Thani ruling family, and you’ll quickly discover that it’s a solid location to grow your logistics career.
8. United States
Given the geographic spread of the United States, the country is broken into three regions with Region 3 denoting the central area. Though this central area – which includes the states of Kansas, Colorado, Kentucky and South Dakota – is subject to a diverse assortment of natural hazards, including tornados, ice storms and floods, it still exhibits far less exposure to these potentially disastrous hazards than the areas to the east or west.
Since the US is such a big country, for lists just like this one, it’s just easier to separate it by regions. The central geographic region includes Colorado, Kentucky, Kansas, and South Dakota specifically. Each of these features highly diverse climates that have a growing supply chain and logistics sector. Whether it’s the transportation of oil and gas exploration, the growth of fracking, or central states distribution centers, the central US is a growing logistics mecca.
7. Finland
Finland made a strong showing in several key factors that the index takes into consideration. Due to the high levels of private and public investment, Finland has exhibited innovative capabilities that it has channelled into both research and development. In addition, the country places a strong emphasis on education and training, as well as linking academia and companies within the private sector.
6. Norway
Though Norway’s fire risk management could be improved, the areas in which it demonstrates excellence more than make up for this. The country continues to show strong results in areas such as control of corruption, low political risk, economic productivity and resilience in the event of an oil shock.
Many of the leading Scandinavian countries are proactive with regards to the infusion of technology and financial resources. Additionally, Norway has always been able to keep corruption, fraud, and shady business practices in the logistics sector to a record low. As such, Norway is another great location to consider a logistics career.
5. Germany
Germany scored high on the supply chain factors that the FM Global Resilience Index looks at when computing its rankings. The European country’s high ranking in the index was driven – at least in part – by its strong showing in areas such as being able to pinpoint where products, parts and components are – in transit – from one part of the process to the next.
4. Sweden
Sweden gained the number four spot in the index because its exposure to natural hazards is lower than average. The FM Global Resilience Index places a hefty importance of a country’s exposure to things such as floods, earthquakes and windstorms that it cannot control and often cannot plan for adequately.
Sweden is prone to high winds, floods, earthquakes, and icy conditions. However, their ability to plan for and mitigate these natural disasters places them high on this list. Like bordering countries Norway and Finland, Sweden continues to set the standard with logistics growth and integration of cutting-edge technology.
3. Japan
In spite of Japan’s history of natural disasters – the country was hit with a tsunami that generated 45-foot high walls of water and a 9.0 earthquake during the same year – FM Global recognized it for the powerhouse it is in terms of supply chain resilience. Power generation and local production were both devastated in 2011 when Japan was hit with double weather disasters. In about four months after the March weather events, there was evidence that Japan was well on its way to recovery. Its resilient business system, coupled with the cooperative capitalism that the country is famous for, were the keys for its recovery. These components are the same ones that help Japan rank highly on this index
Since the 1980’s, Japan has been a global powerhouse. And with the rise of the development of computer-related technology that assists the logistics industry, they have only grown more prominent. Those with a strong technical aptitude will never be without an opportunity to put it to use in the logistics field while in Japan. This is especially true as the nation continues to bring in Western influencers to help implement changes for global expansion.
2. Luxembourg
While the tiny country of Luxembourg has nearly always ranked well on the Global Resilience Index, it moved significantly upward from its eighth-place slot in 2013 to the number two rank for 2017. The reasons for its rapid rise can be summed up by factors such as a strong and growing network of service providers as well as a stable financial sector. The governmental regulations in place are accommodating to businesses that could put the country in an advantageous position in terms of the fallout from Brexit.
While small in stature, Luxembourg is a global giant with supply chain operations. One of the most stable financial climates and supply chain friendly government regulatory procedures are leading reasons why many strong logistics career candidates opt to seek employment opportunities here.
1. Switzerland
Switzerland earns the top place in the world for supply chain resilience. When judged in three separate categories – risk quality, economic and supply chain factors – Switzerland ranks as number one. A major driver in its resilience is the country’s resistance to fuel price fluctuations. In addition, Switzerland also ranked high because of its superior supply chain metrics. This is because the country has an excellent infrastructure, corruption is low and the quality of its local suppliers is unquestioned. Switzerland is also an economically stable country which helps to balance its exposure to storms and other hazards that occur naturally.
There are three attributes to consider when looking for a good logistics career opportunity. These are the economy, risk factors, and supply chain operation procedures. Switzerland frequently tops these charts, which makes it a low-risk, high-reward country to consider logistics careers.
Final Thoughts
While each of these countries offers multiple careers and jobs in supply chain and logistics, there are always pros and cons to consider. It’s always a good idea to explore opportunities that provide stability, comfort, and are located in areas you feel comfortable living
Future Supply Chain Management Careers
Supply chain management is a relatively new discipline, but the skills you’ll develop will be valued by a wide range of businesses around the world. Some of the roles you’ll be well suited for after graduation include:
- Supply chain manager
- Procurement manager
- Logistics analyst
- Business development executive
- Management consultant
- Supply coordinator
- Distribution manager
Many supply chain management programs include working on a placement, which is a great way to build up real-world experience. This will help you work out what role you might want to pursue after graduation, and will also look good on your resume.
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